Detailed text transcripts for TV channel - MSNBC - 20110809:09:31:00
Reassuring the nation, starts to pack his survival kit after yesterday's selloff. the late-night reaction to the economic mess a bit later in the show. but first, let's get to the news live at 5:30 a.m. in new york city. from asia to europe to here in the united states, standard and poor's historic downgrade of the nation's credit rating is having a ripple effect on the world's financial markets. although that's only a part of this story. the front page of the "wall street journal" reads, downgrade ignite a global selloff. stocks resume free fall on fear over economic and credit woes. when t...
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